Nature-related financial disclosures (TNFD)
Addressing biodiversity and nature-related risks, impacts, and dependencies.
In line with the Taskforce on Nature-related Financial Disclosures (TNFD) principles, we initiated our TNFD-aligned journey in 2024. Our ongoing measures reflect a strong commitment to sustainability and responsible practices.
Our approach
The degradation of ecosystems worldwide presents significant risks to businesses, economies and communities alike.
We recognise that unchecked biodiversity loss could impact our Company’s operations, particularly by jeopardising the availability of essential natural resources and ecosystem services that support our raw material supply and manufacturing processes.
We assess our entire value chain for potential impact on biodiversity. While effects are present in our own operations through land use, water consumption, pollution and waste, our impacts are more significantly associated with upstream activities. We address upstream impacts through our biodiversity, responsible sourcing and agronomy programmes and have implemented environmental management initiatives focused on reducing GHG emissions, promoting water
stewardship and managing waste and pollution responsibly in our own operations.
In addition, in line with the LEAP (Locate, Evaluate, Assess, Prepare) methodology developed by TNFD, we piloted, in 2025, a quantitative nature footprint of our direct operations (75 sites).
Overview of our response
Water
- Improve water efficiency by a 25% water withdrawal rate reduction on sites facing water stress by 2030 (baseline 2020).
- We will continuously improve water efficiency on all other sites by a water withdrawal rate reduction.
- 100% of our wastewater discharge will meet or exceed regularly and industry standards by 2030.
Atmosphere
- 100% of our entire electricity supply to be converted to fully renewable sources by 2025.
- Our operations’ carbon emissions will be reduced by 70% by 2030 and by 90% by 2045, to achieve net zero by 2045 (baseline 2015).
- Our supply chain energy and industrial GHG emissions will be reduced by 25% by 2030 and by 90% by 2045, to achieve net-zero by 2045 (baseline 2020).
- Our supply chain FLAG GHG emissions will be reduced by 30.3% by 2030 and by 72% by 2045, to achieve net-zero by 2045 (baseline 2020).
Land
- 100% of materials and services will be sourced responsible by 2030.
- We will source our critical agricultural commodities without contributing to deforestation or natural ecosystem conversion.
- We will source our key raw materials from supply chains engaged in regenerative agriculture.
Waste and materials
- Zero operational waste directed to landfill for all production sites by 2030.
- Our operational waste for disposal intensity will be decreased by 15% by 2030 (baseline 2020).
- 100% plastics circularity by 2030.
Read more on our nature-related financial disclosures in our 2025 Integrated Report on economic and ESG performance.
